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Interest payable on debentures is :...

Interest payable on debentures is :

A

an appropriation of profits of the company

B

a charge against profits of the company

C

transferred to sinking fund investment account

D

transferred to general reserve

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Verified by Experts

The correct Answer is:
B
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From the following information,determine Cash Flow from Financing Activites : Additional Information : Interest paid on debentures ₹ 10,000.

DK GOEL-ISSUE OF DEBENTURES-MULTIPLE CHOICE QUESTIONS
  1. Debentures represent the :

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  2. Zero Coupon Bonds are issued :

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  3. Interest payable on debentures is :

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  4. A debenture holder in entitled to :

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  5. On liquidation of company, principal amount of debentures is returned ...

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  6. Which of the following statement is false ?

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  7. Which of the following is not a characteristic of Bearer Debentures ?

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  8. Which of the following statement is false ?

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  9. Which of the following statement is false :

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  10. The Principal amount of debentures will be rapaid by the company eithe...

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  11. The debentures whose principal amount is not repayable by the company ...

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  12. Debenture Application Account is in the nature of

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  13. Discount on issue of Debentures is in the nature of

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  14. Premium received on issue of debentures may be utilised for :

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  15. A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000. 'A'...

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  16. A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000 . 'A...

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  17. A' Limited purchased the assets from 'B' Limited for .Rs 8,10,000. 'A'...

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  18. Debentures of a Company can be issued :

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  19. On issue of debentures as a collateral security, which account is cre...

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  20. Debentures issued as collateral security will be debited to :

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